I’ve begun receiving my 1099s and W2s, and that means it must be tax time. Jeff Schnepper steps right in to provide me with 15 quick points to motivate me to get my taxes done and done well. For the past several years, I’ve been filing my taxes online with TurboTax Online for which I’ve been able to find rebates. This year, I’ll shop around to make sure I’m getting the best deal.
This will probably be the last year I’ll be doing calculating and filing my taxes myself. I’ve acquired a federal Employer Identification Number and I plan to have deductible expenses in 2006. We’ll see how that goes.
On first glance, it looks like I’m going to owe money. I kept my withholding too low for most of the year, and I made more money at various types of freelancing jobs than I had planned. It could have been worse — at least I’ve been holding that money, earning interest, instead of providing the government with an “interest free loan.”
Updated June 17, 2014 and originally published January 25, 2006. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.